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MANHATTAN STRATFORD ARMS INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
MANHATTAN STRATFORD ARMS INC (EIN 13-3866204)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-05-13
IRS object ID
201531339349304563
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-13T15:02:12-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1O'CONNOR DAVIES LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1665 FIFTH AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133866204EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MANHATTAN STRATFORD ARMS INCBusinessNameLine1
Business Name Line2C/O AMERICAN MUSICAL & DRAMATIC ACADEMYBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlMANHBusinessNameControlTxt
Phone2127875300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 WEST 61ST STREET 3RD FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10023ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID SILVERMANPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone2129573331PhoneNum
Signature2015-05-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone2122862600PhoneNum
Preparation2015-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAN MARTINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 WEST 61ST STREET 3RD FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10023ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$2,068,762GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO FUNCTION AS A TITLE HOLDING CORPORATION, HOLDING TITLE TO REAL PROPERTY AND REMITTING ANY NET INCOME FROM PROPERTY TO ITS PARENT, AMERICAN MUSICAL & DRAMATIC ACADEMY ("AMDA").ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent1VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers1TotalVolunteersCnt
Total Gross UBI-$39,439TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,950,000PYProgramServiceRevenueAmt
CY Program Service Revenue$1,950,000CYProgramServiceRevenueAmt
PY Investment Income$92PYInvestmentIncomeAmt
CY Investment Income$71CYInvestmentIncomeAmt
PY Other Revenue-$57,053PYOtherRevenueAmt
CY Other Revenue-$28,909CYOtherRevenueAmt
PY Total Revenue$1,893,039PYTotalRevenueAmt
CY Total Revenue$1,921,162CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,780,691PYOtherExpensesAmt
CY Other Expenses$2,372,891CYOtherExpensesAmt
PY Total Expenses$1,780,691PYTotalExpensesAmt
CY Total Expenses$2,372,891CYTotalExpensesAmt
PY Revenues Less Expenses$112,348PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$451,729CYRevenuesLessExpensesAmt
Total Assets BOY$3,176,100TotalAssetsBOYAmt
Total Assets EOY$2,963,773TotalAssetsEOYAmt
Total Liabilities BOY$2,347,596TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,587,007TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$828,504NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$376,766NetAssetsOrFundBalancesEOYAmt
MissionMANHATTAN STRATFORD ARMS, INC. ("STRATFORD") IS AN EXEMPT TITLE HOLDING COMPANY UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescSTRATFORD IS AN EXEMPT TITLE HOLDING COMPANY THAT PROVIDES HOUSING FOR MORE THAN 300 STUDENTS ENROLLED AT THE AMERICAN MUSICAL & DRAMATIC ACADEMY (A RELATED ORGANIZATION).Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T Filed0Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member1IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDAVID SILVERMAN - CFOPersonNm
Phone2127875300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 WEST 61ST STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10023ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAN R MARTIN - SEE SCH J O
PRESIDENT/DIRECTOR5.0050.00Yes (X)Yes (X)$0$476,839$60,464
DAVID D MARTIN - SEE SCH J O
DIRECTOR2.0050.00Yes (X)$0$517,600$61,022
NANCY SULLIVAN
SECRETARY/DIRECTOR5.005.00Yes (X)Yes (X)$0$0$0
DAVID SILVERMAN
CHIEF FINANCIAL OFFICER5.0050.00Yes (X)$0$271,235$56,981
DANIEL TORRES
DIRECTOR OF FACILITIES10.0030.00$0$129,817$8,926Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,395,491TotReportableCompRltdOrgAmt
Total Other Compensation$187,393TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1US SECURITY ASSOCIATES INCBusinessNameLine1

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line17-11 S BROADWAYAddressLine1
CityWHITE PLAINSCity
StateNYState
ZIP Code10601ZIPCode
FieldValueIRS element (for citing)
ServicesSECURITY SERVICESServicesDesc
Compensation$127,680CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDORMITORY REVENUEDesc
Business611310BusinessCd
Total Revenue Column$1,950,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,950,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,950,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$71TotalRevenueColumnAmt
Exclusion$71ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$108,161RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$147,600RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$39,439RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$39,439TotalRevenueColumnAmt
Unrelated Business Revenue-$39,439UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$10,530TotalRevenueColumnAmt
Exclusion$10,530ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,530OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,921,162TotalRevenueColumnAmt
Related Or Exempt Func Income$1,950,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$39,439UnrelatedBusinessRevenueAmt
Exclusion$10,601ExclusionAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$32,245TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$194,556TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$573,004TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$161,781TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
ALLOCATED SALARIES & PA$1,050,174
LOSS ON DEFERRED LEASE$271,078
EQUIPMENT RENTAL & MAIN$52,029
LOSS ON DISPOSAL OF FIX$38,024

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,372,891TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,513BOYAmt
EOY$11,599EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$7,640EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$55,845BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,802,562LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,873,138LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,101,730BOYAmt
EOY$2,929,424EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$17,012BOYAmt
EOY$15,110EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,176,100BOYAmt
EOY$2,963,773EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$37,288BOYAmt
EOY$204,400EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$800BOYAmt
EOY$4,950EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,309,508BOYAmt
EOY$2,377,657EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,347,596BOYAmt
EOY$2,587,007EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$828,504BOYAmt
EOY$376,766EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$828,504BOYAmt
EOY$376,766EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,176,100BOYAmt
EOY$2,963,773EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$451,729ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$9OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$200,000OtherCostOrOtherBasisAmt
Book Value$200,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,926,249OtherCostOrOtherBasisAmt
Depreciation$1,302,011DepreciationAmt
Book Value$1,624,238BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,878,808OtherCostOrOtherBasisAmt
Depreciation$2,049,590DepreciationAmt
Book Value$829,218BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$797,505OtherCostOrOtherBasisAmt
Depreciation$521,537DepreciationAmt
Book Value$275,968BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,929,424TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO AMDA$2,362,370
CASH OVERDRAFT$15,287
FieldValueIRS element (for citing)
Total Liability$2,377,657TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$46,535,829TotalRevEtcAuditedFinclStmtAmt
Other Revenue$57,056,372OtherRevenueAmt
Revenue Not Reported$57,056,372RevenueNotReportedAmt
Revenue Subtotal-$10,520,543RevenueSubtotalAmt
Other Revenues Not Included$12,441,705OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$12,441,705RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,921,162TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$45,210,452TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$42,837,561OtherExpensesIncludedAmt
Expenses Not Reported$42,837,561ExpensesNotReportedAmt
Expenses Subtotal$2,372,891ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,372,891TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:MSA HOLD SECURITY DEPOSITS TOTALING $4,950 ON A LEASE FOR USE OF ITS HOUSING AND STUDIO SPACE. THE FUNDS ARE RETURNED AT THE END OF THE LEASE OR ARE TO BE USED TO BE APPLIED TO DAMAGES OF THE SPACE, IF ANY, OR NON-PAYMENT OF RENT. NONE OF THE SECURITY DEPOSITS ARE INTEREST BEARING, NOR ARE REQUIRED TO BE IN A SEGREGATED BANK ACCOUNT.
PART X, LINE 2:THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL YEAR 2011.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CONSOLIDATED REVENUE REPORTED ON RELATED ENTITY FORM 990 56,908,772. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 147,600.
PART XI, LINE 4B - OTHER ADJUSTMENTS:ALLOCATION OF HOUSING REVENUE FROM AMDA, INC. 1,950,000. SCHOLARSHIPS NETTED AGAINST REVENUE REPORTED ON RELATED ENTITY FORM 990 10,491,705.
PART XII, LINE 2D - OTHER ADJUSTMENTS:CONSOLIDATED EXPENSES INCLUDED ON RELATED ENTITY 990 42,689,961. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 147,600.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JAN R MARTIN - SEE SCH J O
PRESIDENT/DIRECTOR$0$399,350$0$50,000$0$27,489$0$50,000$0$10,464$0$537,303$0$50,000
DAVID D MARTIN - SEE SCH J O
DIRECTOR$0$450,000$0$50,000$0$17,600$0$50,000$0$11,022$0$578,622$0$50,000
DAVID SILVERMAN
CHIEF FINANCIAL OFFICER$0$229,235$0$25,000$0$17,000$0$25,000$0$31,981$0$328,216$0$25,000

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3MANHATTAN STRATFORD ARMS, INC. DOES NOT PROVIDE COMPENSATION TO ANY OF ITS TOP MANAGEMENT OFFICIALS. THE SALARIES PAID TO THE TOP MANAGEMENT OFFICIALS REPORTED ON FORM 990, PART VII ARE PAID BY AMDA, INC., A RELATED ORGANIZATION. MANHATTAN STRATFORD ARMS, INC RELIED ON THE METHODS USED BY AMDA, INC. IN ESTABLISHING THE COMPENSATION FOR ITS TOP MANAGEMENT OFFICIALS. THE METHODS USED BY AMDA, INC. INVOLVED THE FOLLOWING: (1) COMPENSATION COMMITTEE (2) INDEPENDENT COMEPNSATION CONSULTANT (3) FORM 990 OF OTHER ORGANIZATIONS (4) WRITTEN EMPLOYMENT CONTRACT (5) COMPENSATION SURVEY OR STUDY AND (6) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4BDAVID MARTIN AND JAN MARTIN PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. NO CONTRIBUTIONS OR DISTRIBUTIONS WERE MADE BY THE PLAN IN 2013.
SCHEDULE J, PART II, COLUMN (B):SEE BELOW FOR FURTHER DETAILS REGARDING THESE AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN (B): WITH PROFOUND APPRECIATION AND IN RECOGNITION OF OVER 40 YEARS OF CONSISTENT, SUSTAINABLE SUCCESS AND DEDICATION TO AMDA, THE AMDA BOARD OF DIRECTORS HAS PROVIDED A ONE-TIME RETIREMENT BONUS FOR DAVID MARTIN AND JAN MARTIN. DAVID MARTIN AND JAN MARTIN HAVE NOT RECEIVED ANY MEANINGFUL RETIREMENT BENEFITS PROVIDED BY AMDA DURING THEIR ENTIRE RESPECTIVE CAREERS. DAVID MARTIN HAS BEEN PRESIDENT OF AMDA FOR 47 YEARS; JAN MARTIN HAS BEEN THE EXECUTIVE DIRECTOR FOR AMDA FOR 41 YEARS. THE MARTINS' JOURNEY OF DEVOTION TO AMDA BEGAN WHEN THEY PERSONALLY AND FINANCIALLY RESCUED THE STRUGGLING DRAMA SCHOOL IN GREENWICH VILLAGE IN THE 1970S, WHICH AT THE TIME HAD ONLY FORTY STUDENTS. THE AMDA COMMUNITY HAS GROWN TO OVER 2,000 PEOPLE, WITH OVER 1,300 FULL-TIME STUDENTS FROM EVERY STATE IN THE U.S. AND NUMEROUS INTERNATIONAL COUNTRIES. DAVID MARTIN AND JAN MARTIN'S SUCCESS HAS INCLUDED REACHING SIGNIFICANT GOALS FOR AMDA; THEY HAVE ENSURED AMDA'S FINANCIAL LEGACY AND FUTURE STABILITY THROUGH A STRATEGIC PLAN WHICH HAS INCLUDED MULTIPLE PURCHASES OF COMMERCIAL REAL ESTATE HOLDINGS AND CONSISTENT INCREASES IN AMDA'S ANNUAL REVENUE. CURRENTLY, AMDA'S REAL ESTATE HOLDINGS ARE VALUED AT OVER $100 MILLION DOLLARS AND AMDA HAS ANNUAL REVENUE OF OVER $50 MILLION DOLLARS. IN 2003, THE MARTINS FOUNDED A SECOND SISTER CAMPUS IN HOLLYWOOD, AMDA LOS ANGELES, WHICH, UNDER THEIR LEADERSHIP HAS THRIVED AND GROWN RAPIDLY TO BECOME A FULLY OPERATIONAL SUCCESSFUL COLLEGE, OFFERING MULTIPLE BACHELOR OF FINE ARTS DEGREES. THE AMDA COMMUNITY HAS BEEN AND WILL CONTINUE TO BE THE PRIVILEGED RECIPIENT OF THE MARTINS' UNRELENTING LOYALTY AND PASSION FOR AMDA. THE BOARD OF DIRECTORS HAS TAKEN THIS OPPORTUNITY TO FORMALLY THANK DAVID MARTIN AND JAN MARTIN FOR ALL OF THEIR AMAZING CONTRIBUTIONS OVER THE YEARS. TO ADDRESS THE ISSUE OF COMPENSATION AND RETIREMENT USING BEST PRACTICES, THE BOARD HIRED AN OUTSIDE EXPERT COMPENSATION FIRM TO RESEARCH AND EVALUATE APPROPRIATE AWARDS. RATHER THAN STRUCTURING THE RETIREMENT PLAN ON A DEFERRED VESTED BASIS, THE RETIREMENT PLAN IS BEING TREATED AND REPORTED (CALCULATED, PAID, TAXED) ON FORM 990. DAVID MARTIN AND JAN MARTIN HAVE WORKED FOR OVER FOUR DECADES, RELENTLESSLY BUILDING THE SCHOOL ARTISTICALLY, ACADEMICALLY AND PROFESSIONALLY UNTIL THE SCHOOL'S TRANSFORMATIONAL FOUNDATION WAS COMPLETE: AMDA IS NOW A MAJOR, FULLY-ACCREDITED COLLEGE AND CONSERVATORY WHICH HAS EARNED THE UNIQUE DESCRIPTION OF BEING THE ONLY ACCREDITED INSTITUTION OF HIGHER EDUCATION, OFFERING BACHELOR OF FINE ARTS DEGREES AND PROFESSIONAL CERTIFICATE PROGRAMS - DEVOTED ENTIRELY TO THE PERFORMER, WITH CAMPUSES IN NEW YORK CITY AND LOS ANGELES. THE MARTINS HAVE DEVELOPED A SUCCESSFUL AND INNOVATIVE BUSINESS MODEL THAT WILL HELP GUIDE AMDA FOR FUTURE GENERATIONS. OF ADDITIONAL NOTE IS THAT THE MARTINS HAVE ESTABLISHED A FUND TO SUPPORT FUTURE SCHOLARSHIPS AND SUPPORT STUDENT AND FACULTY VISION PROJECTS. THE MARTINS ARE ALSO IN THE DOCUMENTATION STAGE OF DONATING RESIDENTIAL PROPERTY TO AMDA.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 3BAMERICAN MUSICAL AND DRAMATIC ACADEMY (AMDA), OUR RELATED AFFILIATE HAS FILED A CONSOLIDATED 2013 FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN TO INCLUDE MANHATTAN STRAFORD ARMS, INC ("STRATFORD") AS AN INCLUDIBLE CORPORATION FOR PURPOSES OF SECTION 1504(A). STRATFORD MEETS THE DEFINITON OF AN AFFILIATED GROUP AND THE OTHER PROVISIONS OF CHAPTER 6 OF THE CODE AND IS THEREFORE ALLOWED TO FILE A CONSOLIDATED FORM 990-T WITH ITS AFFILIATE EXEMPT ORGANIZATION AMDA.
FORM 990, PART VI, SECTION A, LINE 2JAN MARTIN, PRESIDENT/DIRECTOR, AND DAVID MARTIN, DIRECTOR, HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11STRATFORD PROCESS FOR REVIEW OF THE ANNUAL FORM 990 INCLUDE THE FOLLOWING: 1. EACH YEAR, OUR INDEPENDENT AUDITOR PREPARES A DRAFT OF THE FORM 990, WITH INPUT FROM THE CHIEF FINANCIAL OFFICER. 2. THE DRAFT IS REVIEWED BY THE CFO AND THE EXECUTIVE DIRECTOR. 3. THE DRAFT IS REVIEWED BY ALL MEMBERS OF THE BOARD OF DIRECTORS. 4. ANY NECESSARY CHANGES ARE SENT TO THE INDEPENDENT AUDITOR TO UPDATE THE FORM. 5. ONCE ALL NECESSARY CHANGES ARE MADE AND THE CFO AND EXECUTIVE DIRECTOR ARE IN AGREEMENT WITH THE BOARD OF DIRECTORS ON THE COMPLETED 990, IT WILL BE SIGNED BY THE CFO, DATED AND SUBMITTED BY THE FILING DEADLINE. 6. ALL MEMBERS OF THE BOARD OF DIRECTORS MUST EMAIL THE CFO TO ACKNOWLEDGE THE REVIEW OF THE 990 AND APPROVE THE FILING. A VERBAL APPROVAL IS ACCEPTABLE IF PRESENTED TO THE CFO OR EXECUTIVE DIRECTOR. THE CFO OR EXECUTIVE DIRECTOR MUST RECORD THE VERBAL APPROVAL AS A MEMO TO THE FILE. 7. THE CFO PREPARES A MEMORANDUM FOR THE FILE EACH YEAR DESCRIBING THE ABOVE PROCESS, INCLUDING ALL EMAIL APPROVALS AND MEMOS OF ANY VERBAL APPROVALS. THE CFO AND EXECUTIVE DIRECTOR MUST ALL INCLUDE A MEMO TO THE FILE NOTING THEY HAVE APPROVED THE 990 TO BE FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE OFFICERS OF STRATFORD ARE EMPLOYEES OF OUR RELATED AFFILIATE AMDA. INDIVIDUALS COVERED BY THE AMDA'S CONFLICT OF INTEREST POLICY ARE ASKED TO ANNUALLY DISCLOSE TO THE CHAIR OF THE BOARD OF DIRECTORS VIA THE AMDA CONFLICT OF INTEREST POLICY FORM THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THIS DISCLOSURE COULD INCLUDE A LIST OF FAMILY MEMBERS, BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS, IN WHICH AN INDIVIDUAL OR THEIR FAMILY MAY BENEFIT FINANCIALLY. INDIVIDUALS COVERED BY THE AMDA CONFLICT OF INTEREST POLICY ARE THE BOARD OF DIRECTORS, EXECUTIVE DIRECTORS, AND CHIEF FINANCIAL OFFICER. FOR EACH CONFLICT OF INTEREST DISCLOSED TO THE CHAIR OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL: 1. DECIDE NO ACTION IS NECESSARY. 2. ASSURE FULL DISCLOSURE TO THE REST OF THE BOARD OF DIRECTORS AND OFFICERS AND ALL COVERED UNDER THE POLICY. 3. ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS. 4. ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION. 5. REMOVE THE PERSON FROM HIS OR HER POSITION. THE EXECUTIVE DIRECTORS, AND CHIEF FINANCIAL OFFICER WILL MONITOR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIR OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH THE POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
FORM 990, PART VI, SECTION B, LINE 15(A) AND (B): THE OFFICERS OF MANHATTAN STRATFORD ARMS, INC. ARE EMPLOYEES OF OUR RELATED AFFILIATE AMDA, INC. WHOSE BOARD OF DIRECTORS ANNUALLY APPROVES ALL COMPENSATION FOR THE EXECUTIVE DIRECTORS, CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER. THE COMPENSATION FOR EACH IS REVIEWED AND APPROVED USING COMPARABLE DATA TO SIMILAR POSITIONS AT SIMILAR SIZED ORGANIZATIONS. PERIODICALLY, A COMPENSATION CONSULTANT IS HIRED BY THE BOARD TO PREPARE A COMPENSATION ANALYSIS. AS PART OF THE ANALYSIS, THE CONSULTANT REVIEWS FORM 990'S FROM OTHER SIMILAR TYPES OF ORGANIZATIONS. A COPY OF THE COMPENSATION ANALYSIS IS DISTRIBUTED TO THE ENTIRE BOARD. ALL DECISIONS ARE DOCUMENTED AND HELD BY THE BOARD CHAIR. THIS PROCESS WAS LAST UNDERTAKEN IN FISCAL 2014.
FORM 990, PART VI, SECTION C, LINE 19STRATFORD MAKES CERTAIN DOCUMENTS AVAILABLE THROUGH GUIDESTAR.ORG AND AVAILABLE UPON REQUEST BY CALLING THE ORGANIZATION DIRECTLY OR BY WRITTEN REQUEST. ALL REQUEST FOR INFORMATION ARE PROVIDED EITHER ELECTRONICALLY OR IN HARDCOPY FORM.
FORM 990, PART XI, LINE 9:ROUNDING -9.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE AMERICAN MUSICAL & DRAMATIC ACADEMY (AMDA)BusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 WEST 61ST STREET 3RD FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10023ZIPCode
FieldValueIRS element (for citing)
EIN132501829EIN
Primary ActivitiesPERFORMING ARTS COLLEGE AND CONSERVATORYPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd